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CSPAN
Dec 4, 2012 8:00pm EST
quote divided government. it is up to us to make this divided government work. we have to set aside partisan concerns. how to work together to prepare this economy to get people back on their feet? how do we get this sense of real security and upper mobility for all americans, especially those in need? they are the same. the old ways will not do. we need new thinking and renewed efforts from all americans. it is true that president obama won reelection. i congratulate him on his victory. on january 20, he will face a a fiscal economy and and i mess. you might say he will inherit these problems. [laughter] [applause] he his second term, i hope t will offer fresh ideas. failure will mean for more years of -- four more years we have work to do. -- four more years. we have work to do. serious solutions for serious reforms, we thank him for doing that. [applause] the election did not go our way. the republican party cannot make excuses. we cannot have the next four years on the sidelines. we need to apply our timeless principles to the challenges of the day. our party excels at representing that
CSPAN
Dec 9, 2012 6:55pm EST
met by private groups or government, voluntary action or government action. the truth is, there has to be a balance between the two. government must ask for the common good while leaving private groups free to do the work only they can do. there is a vast middle ground between the government and the individual. our families and our neighborhoods. the groups we joined and the places of worship. this is where we live our lives. this is where the needs of each are most clearly recognized and met. our communities shape our character and give our lives direction. they help make us a self-governing people. the campaign of 2012 is filled with a lot of moments i will always remember. one of my favorites is the day bob talked about. it was to meet with people in cleveland, ohio. bobble brought them together. his center for neighborhood enterprise empowers communities. ryan's story will always stay with me. when he and his wife felt called to open a homeless shelterit is not enough to give food and shelter. people needed spiritual development. people need assistance to get on with their life. th
CSPAN
Dec 8, 2012 7:00pm EST
members of congress talking about this fiscal cliff. hosted by bloomberg government and the lloyd. this is about an hour. -- and deloitte. this is about an hour. >> good morning. i'm the head of bloomberg government. thank you for joining us today, and thank you to deloitte for partnering with us in this event. when we launched bloomberg government just about two years ago, we had the aspiration of creating a one-stop shop, with data, tools, news, and analysis to help government affairs and government sales professionals make better and faster decisions. we went a long way toward achieving that aspiration. a big part of it is conversations on the important issues that face our nation today, particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al hunt. we always love having al
CSPAN
Dec 10, 2012 10:00am EST
? >> defense cuts cost jobs that the government cannot create jobs. >> i worked on a plane for four years. this is the biggest scam in the world. not the soldiers health care. host: why you say that? caller: is a huge amount of money. i was spent millions fixing a plane every day. it is more money than you can imagine. guest: the government looks at every job and activity. it is really hard to make the case that they overcharge. it is much more expensive because the way the government does it. there is performance of based logistics. you can save billions. it is the way avis would do it for cars. even save huge amounts of money. that means getting the back office out of the way. it means fewer back office jobs. they do not want to give up the power. host: the contacting system is really complicated. some of that is what the caller is saying. we have a lot of money through a system, a fair amount can disappear in ways we do not count. a history of 60 or 70 years of litigation against contractors to overcharge, contractors do overcharge. is not to say every contractor every time. we have a lot of
CSPAN
Dec 4, 2012 6:00am EST
do in the federal government is i think invest in research and getting a 500-mile battery for electric cars and getting solar energy that is 1 kilowatt installed and finding a way to capture carbon from coal plants that can be turned into fuel that is commercially sold. we should look at the model of unconventional gas in terms of how our system and federal research and our system of private properties have produced a situation where we have a massive advantage over europe and asia in terms of our natural gas. it creates a better economy and that reduces the debt. >> there is a headline predicting we will be producing more oil than saudi arabia beginning in 2020. this is something almost on imagined 10 years ago. -- unimagined 10 years ago. what is the role of the federal government? >> to do things that encouraged the results. to follow up on the fiscal cliff. you can solve this fiscal problem if you grow our role to position relative to everybody else's. a big problem is the percentage of government spending is more than its should be related to total gdp. if there is an eas
CSPAN
Dec 5, 2012 1:00am EST
, all governments, spending 42% of the gdp. and we want to make any effort to stop that? or are we discussing to say it has never stopped before? >> i think the earlier social security, not fully implemented. there was no medicare. it has been pretty stable since 1980. it goes up and down with the business cycle, but it is pretty stable. this is the division between the right and left. who will continue to fight about bigger government and smaller government. we will not do it by refusing to pay for the government we have, thinking the economy in the process. that would be a good start, as a backdrop. i want to touch on your question about corporate and individual taxes. the third piece is small businesses. we work out how develop a tax code that is good for competitiveness. you need to think about how those play into it. i think one of the things to keep hearing through messages with different groups of people is, while everybody is aware that the solution is going to take sacrifices from all sides, on spending, on revenues -- the confidence you get for putting the deal in place t
CSPAN
Dec 9, 2012 8:00pm EST
on hearings. i was walking up and down and seeing all these government buildings and thought, what do these people do all day? i felt the more i engaged in government, the more conservative by became. i felt government was not doing a whole lot. i think government should be there for the poor. i think it should be there as a framework for how we conduct business and a structure for society. when you read the constitution, that is what the founding fathers had in mind, i believe. i do not think government is there to prop us all up, because then there would not be a safety net left for the people in life who really need it. the disabled, people who fall on hard times and need a little help along the way, but i feel as though government now has opinion, for how we live our life and conduct business. >> go back to that table you used to sit around at home. where was it? who sat around the table? what did your mom or dad do? >> i grew up in virginia. when we all got home from school, my dad got home from work and mom was always cooking mostly a good meal. it was a time when we all sat dow
CSPAN
Dec 9, 2012 7:00am EST
money now. where are we going to get it? coming from the government, everybody thinks that are entitled to something. thank you for the call. the top solution is to break the congressional gridlock. north dakota on the democrats' line. caller: good morning. the number one priority is bringing jobs home from china. host: you are on the air. go ahead, roger. caller: these people that sold our country out, they need to be exiled to themselves. host: good morning on the independent line. what is the number-one priority as the president embarks on a second term? caller: the issue a want to talk about this morning is one both sides agree with. everybody agrees but the tax code needs to be reformed, simplified. it needs to be changed in a permanent way where businessmen and individuals can plan for the future. there are multiple ways to do this, cut in reductions, giving everybody a fair chance to the tax code. i think it will really chance the economy. put it on a solid basis for businesses to plan and go into the future with. host: what do you think the president's number one priori
CSPAN
Dec 7, 2012 8:00pm EST
policy issues of importance of the governance of this country which on behalf of the miller center and the university of virginia, thank you very much for being here tonight. we are adjourned. >> we will have this program again in about three hours on c-span. next john boehner and nancy pell low si on the so called fiscal clive. >> writers institute, i think the writers institute is something that is very important in the culture. we are a culture of words, of voices. words are key to our imagination and capacity to envision things. we ourselves are not completely tied to print on the page but i think that there is no other art form so ready accessible, other than film which we work with too. it cap chures the human spirit. >> this weekend join book tv as we look tpwhrind scenes at the history of new york capital city, albany saturday at noon eastern on book tv and on c-span2 >> house r house speaker told reporters the white house has wasted another week on negotiations over the fiscal cliff. >> this isn't a progress report because there is no progress to report. when it comes to t
CSPAN
Dec 4, 2012 1:00am EST
government to do things for people that they cannot do themselves. the rich can do for themselves. the poor people cannot. i'll hang up and listen. host: let's go to curtis dubay. guest: we keep hearing about infrastructure investment. but the way we do that is federal gaps. the 65 cents of every dollar raised for the federal gas tax actually goes to roads and bridges and highways. the rest of it goes to things that are not supposed to be funded by the attacks. sustainability projects, bike paths, roadside museums. i would much rather see us spending all of the money on infrastructure and then come back in five or 10 years and say, well, maybe then. we are spending the money on infrastructure. it is a weak argument. host: let's go to laura. caller: i have two comments to make. the first is, the bush tax cut entitlements were supposed to be temporary. i remember when they were argued, and as far as i'm concerned, republicans live at that time. they never intended it to be temporary. they intended it to starve the government, which is a constitutional government. that makes me very angry
CSPAN
Dec 6, 2012 7:00am EST
incorporating a small businesses and less government intervention to curb the deficit. it has been astronomical. then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by making more cuts and the only people it is going to hurt is the working class and somewhat of the middle-class. he should mention the fact that out of control spending has a lot to do with the credit card crunch. specifically because of the middle-class. i think if we get those tax cuts centered with them, i do not think the poll would be affected. you have these small companies that are developing, and he is saying have those small companies hire more people and get them involved, but come consumer expenditures. that is partially i think a solution. host: you are calling on the republican line and you think hillary clinton would make a good candidate. would you vote for her in 2016? caller: i think she would be a very vital aspect to the political process. as far as her running for president, 2016 -- god knows what may happen from this point to that point. as far as h
CSPAN
Dec 4, 2012 5:00pm EST
government. >> in terms of getting rid of deductions or expanding the base, there's basically three approaches to we can take. one is the overall cap. capping the total amount of deductions or capping the tax value of deductions like maya and marty feld stein have put forth and the advantage to that is politically you're not actually attacking anyone -- any one specific subsidy, you're just saying we're putting a cap on the overall system. a second way is what john podesta mentioned, we are going to change specific items but wohl change them all in the same way. you're not special, we're not picking on you, so we're going to change all deductions to 18% or something like that. the third way which is probably the perfect way from the economic approach is to deal with each of these on an individual bay sess. tax expenditures generally cover an enormous range of activities whether it's ex-cluges or deductions or credits or lower rates, etc. we call them all tax expenditures but it shouldn't hide the underlying heterogeneity. so a package that went after, say, the mortgage interest dedu
CSPAN
Dec 6, 2012 1:00am EST
and have the same people pay more -- more of their money to the federal government without raising the tax rates which we believe will harm our economy. \[inaudible question] >> i think our members understand the seriousness of the situation that our country faces. trillion dollar deficits for as far as the eye can see. $16 trillion of debt on the books. every man, woman and child owing the american government $50,000 and that number is increasing every single year. as a result, our members understand that we've got to solve the problem, and we will. >> the house is going to leave today with two days left in the week -- \[inaudible] >> the house leaving with the fiscal cliff -- >> i will be here and will be available any moment to sit down with the president p to get serious about solving this problem. >> does the conference realize that you don't seem to be negotiating? >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy is a better way to raise this revenue than raising rates because raising rates will h
CSPAN
Dec 5, 2012 5:00pm EST
republican party can do a better job of limited government and freep enterprise movement and connect those policies. >> why has there been a failure to connect? >> i'm not sure there is one reason for it and i haven't had time to think about it why it has happened but it needs to happen. the principles we stand for, free enterprise and limited government is the only way to stabilize and grow our middle class which i hope every american can attain. >> how worried are you about the republican chances -- >> you mean from the voters' perspective. the demographic changes? i don't think any voter in america -- there are voters that are locked into one party or the other but the fastest growing group is people who vote for candidates and not parties and people understand the issues and hopes that they have and offer real and concrete policy situations and real role for government to play in addressing those angst yits they face. we are one election away to do it. we have to recognize what it is and concentrate on doing it. >> how much of a danger to republicans do you think is posed by the
CSPAN
Dec 9, 2012 9:00pm EST
tomorrow, bloomberg government analyst robert levinson. >> more on the impact of sequestration with former white house budget director gordon adams. washington journal live at 7:00 a.m. eastern on c-span. on wednesday the british chancellor, the u.k.'s head of treasury released the annual report on the british economy. prime minister david cameron took questions on proposed cuts that he says will help the deficit on the u.k. he also answers questions on afghanistan, securing the border, and youth unemployment. this is just over 30 minutes. >> number one, mr. speaker. >> thank you, mr. speaker. i'm sure the whole house will wish to join me in graduating the duke and duchess of cam brage on the wonderful knew they are expecting their first child. turning to my friend's question on afghanistan. the threat to global security from al qaeda has been significantly reduced and this is in large part of the brave work of u.k. and afghan armed forces. we remain committed to afghanistan for the long-term and we continue to support the development of afghan forces through continued funds and tra
CSPAN
Dec 7, 2012 2:00pm EST
. government support excessive borrowing has turned into a national nightmare, close quote. and the focus of that editorial was, we still haven't fundamentally reformed that, including at f.h.a. so i hope we start getting on that track starting today. thank you, mr. chairman. >> senator menendez. >> thank you very much. i'll be brief. i look forward to hearing the secretary's response on how f.h.a. balances the goals of remaining self-sufficient without taxpayer funds, but also helping what is still a fragile housing market in ensuring first-time home buyers can get credit. there is a clear case to be made in my mind that but for f.h.a. in the midst of this housing crisis, we would have a far greater crisis on our hands. and so reconciling the fiduciary responsibilities here to the taxpayers as well as the mission to people of america is incredibly important. i look forward to hearing that. and with your indulgence, mr. chairman, when it comes to my time in questions, while i certainly care about f.h.a., i have a even more pressing issue in the state of new jersey after thousands of
CSPAN
Dec 1, 2012 7:00pm EST
lives. what is your sense -- from both of you? the government education and foreign-policy background. what the priorities be to fix the problem? >> maybe i will start and passed it to joel. i was also provost of stanford for six years. seeing the product of the educational system give me a perspective on what it is we need to try to achieve in that time. at stamford -- stanford, you see the very best. but if you have low expectations of even the best students, they will live down to them. [applause] i come at this with the belief that the most important thing is that what ever you are teaching them, you have to have very high standards. i am not much for the self- esteem movement. everybody gets the trophy. i am a musician myself and i think the arts are important. but how many of these little performances have you been to where kids are running all over the state and people say isn't that cute? well actually, no it's not, it would better if they practice and know something. my first his high standards, what ever you teach them. secondarily, i do believe the common core wh
CSPAN
Dec 9, 2012 3:55pm EST
commitment of this administration and the federal government to help in new jersey, and certainly new york, and the region, recover. when we had hurricane katrina on the gulf coast in mississippi and alabama and louisiana, i was there. when we had tornadoes in missouri, i was there. when we had flooding along the mississippi, i was there. when we had cropped instructions in the midwest, i have been there. i believe this is the united states of america. i fully expect that now, for the first time, we have the type of devastation others have suffered and should understand we are going to have the type of response others have received. i would like to get a sense of you as the type of commitment this administration has? >> this is a region i also have roots in. i married a jersey girl. i have worked in new jersey, grew up in new york. besides the personal commitment i have, i also see the president who is on the ground in new jersey almost immediately and has done everything he can to help the short term and has given me the responsibility. you have my commitment we will do that. we will get
CSPAN
Dec 9, 2012 6:30pm EST
time of great consequence, the american people have chosen a divided government. it is up to us to make this divided government work. we have to set aside partisan concerns. how to work together to prepare this economy to get people back on their feet? how do we get this sense of real security and upper mobility for all americans, especially those in need? they are the same. the old ways will not do. we need new thinking and renewed efforts from all americans. it is true that president obama won reelection. i congratulate him on his victory. on january 20, he will face a stagnant economy and a fiscal mess. you might say he will inherit these problems. bft -- [laughter] in his second term, i hope he will offer fresh ideas. failure will mean four more years. we have work to do. i'm proud of our ecampaign. i'm proud of mitt romney. serious solutions for serious reforms, we thank him for doing that. the election did not go our way. the republican party cannot make excuses. we cannot have the next four years on the sidelines. we need to apply our timeless principles to the challenges of
CSPAN
Dec 6, 2012 1:00pm EST
months. and it's grave for the obvious fact that we believe that the assad government has weapononized chemical and biological agents and put them in a position where they can be used fairly rapidly. as you look back over the 20 months of this conflict, this follows a series of events, one leading to the other which people said could not happen. this began, remember, with peaceful demonstrations. and when assad was unable to control them or suppress, he began to fire on his own people and they began to defend themselves in a very unfair fight which everyone thought we should take sides on the side of freedom and give the freedom fighters the weapons with which they could fight. it happened much too late. and people said, at least he's not using his air force to attack his own people and then he began to attack his own people from the air. now more than 40,000 killed. so when we see the government of assad weaponize chemical and biological agents and put them in bombs, we know this is a leader with no limits and unfortunately he follows his father who proved capable of usin
CSPAN
Dec 8, 2012 2:00pm EST
continue to reduce demand. >> what role should the government play in the future -- your business is in transportation, too -- we are mired in conversations about the fiscal cliff. we are talking about long-term infrastructure, a long term energy plan. >> this is the perfect opportunity for the government to work together to achieve a common goal. there is plenty of times when our interest might not call last with the interest of either of the parties. this is the opportunity we have never had before. you could have consumer, business, and the government's all working together to take advantage of this huge resource. for us, it makes so much sense because it makes business sense. we get about $1.65 a quilt when natural gas. from the government point of view, everybody is talking about jobs and the fiscal cliff. everyone talks about taxes and what is going to happen with the fiscal cliff. there has been $1500 gone to increase oil prices. you can get them that tax cut today if you invested in our report. everybody talks about entitlements. high oil prices make the social security tr
CSPAN
Dec 5, 2012 7:00am EST
important to some people, but i feel the good thing would be unlimited in of government at the federal level. that has nothing to do with this. that would be more on the spending cuts. host: what do you make of the back a plan being reported by the new york times saying if we cannot come to some sort of deal, we should just passed tax cuts for the middle class americans and then fight later on for spending cuts and increasing taxes for the wealthy? caller: the tax cut for the general population is great. that would be good for stimulating the economy. but the big thing is hit there needs to be a balanced plan. we need more revenue and we need less spending at the federal level. what is good for california is not good for virginia and what's good for virginia is not good for maryland. maybe we need to focus on reducing the federal government overview. been there would not be as much spending or taxes needed. then let the states deal with the taxes they need to take care of their citizens. host: robert, milwaukee, democratic caller. caller: i would like to say that the republican party,
CSPAN
Dec 9, 2012 5:35pm EST
-- the task here in washington, it will be difficult to convince the u.s. government to change the way it has done business over the last 30 years -- some of that is necessary. the task is, how do you play the right role of engaging here? it is not naively giving money to liberal groups and not having a strategy. i believe this is a significant task inside egypt. it is an encouraging sign -- this is my prediction, it is going to force islamist political parties, at least elements of it to change their ideology. if the system remains open, if there is a big debate, i did not see it going backwards in terms of the diversity in egypt. it is hard for me to imagine that going backwards. >> we're going to move toward closing remarks. we will go in reverse order. bret you can have your two minutes. >> 1979, an influential article was written, dictatorships and double standards. he argued -- in a position of find myself increasingly attracted to -- the united states is better served secular authoritarian regimes against totalitarian alternatives. totalitarian alternatives, then as now, often beco
CSPAN
Dec 8, 2012 6:00am EST
at the consequences and whether that is a cost savings at the end of each day for government and for families. >> one final question on the immediate and we will go back to the broader agenda. the president had a firm statement this week about the test ceiling where he says, i will not play that game, meaning he will not negotiate for raising the debt ceiling. how was that going to work? does that need to be part of any agreement to appoint -- agreement to avoid the fiscal cliff? >> this is serious fiscal and tax policy. it is about the economic future of our country and making sure this country continues to be the greatest economy and the greatest country in the world. it is not a game. i am with the president on this one. we saw the response of the market in august with the republicans were willing to go off of the fiscal cliff. some of them are saying it now, not paying on our debt and jeopardize the full faith and credit of the united states. this is not a game. if we do not pay our bills and pay our debt, we are going to see interest rates going up. it is not where you make the
CSPAN
Dec 4, 2012 7:00am EST
on c- span2. if any family brand their house all the way the u.s. government ran there's, if we could not print money, we would be in a very bad way. i just think we need to get this deficit under control. those two wars that we have not paid for need to be paid for. you know, it has to be done. if going off the fiscal cliff means that it will be done, so be it. host: other groups are weighing in on these fiscal cliff talks. here is "the new york times" -- in the "financial times" this morning -- roger altman writing today in "the financial times." president obama will be meeting with several governors today at the white house to talk about the fiscal cliff. they will be meeting this morning around 10:00 a.m. eastern time, and then the governors are slated to hold a news conference at around 11:30 a.m. eastern time. go to our website for more details. washington insiders tackle fiscal cliff policy solutions. the group will hold a roundtable discussion today on the importance of reform to address the nation's debt and deficit spending this event takes place this morning around 8:30 a.m
CSPAN
Dec 5, 2012 1:00pm EST
of government, and the president is proposing to grow it more. to spend more. the problem is isn't tax policy, mr. speaker. the problem is spending. you know, mr. speaker, we hear a lot about fairness. i want to talk a little bit about that now. i'm going to switch to tax policy because that's what everybody seems to be obsessed with in the media. i want to make sure we dispel some of the myths of what's going on there. i went to dictionary.com as i'm apt to do, mr. speaker, and printed out what fair is. they said free from bias, dishonesty, or injustice. the first definition. free from bias, dishonesty, or injustice. and two, legitimately thought, pursued, done, or given proper under the rules. fair. but i think we all support fairness. i'm certain that we do, but i'm absolute certain what president obama believes is fair is different from what the people i represent believe is fair. and what i brought here, mr. speaker, is a chart from the joint committee on taxation, that's the group here on capitol hill that is in charge of measuring all the tax policy, it's a nonpartisan group
CSPAN
Dec 7, 2012 9:00am EST
the federal government if it is not paid out? once you open up a claim, just because you have got to clean open, you have $4,000 in your account -- massachusetts, you might have $15,000 in your account. that money, if you do not dried out, the state keeps it, i believe. -- draw it out, the state keeps it, i believe. guest: i am not sure how that would be handled. the difference between what is happening in the state fund, which is state-funded, and the federal reimbursement, i believe the federal reimbursement only goes to the states after they pick up the money. guest: that is my understanding as well. i did nothing states are able to keep money that is not disbursed to the unemployment. -- do not think states are able to keep money that is not disbursed to the unemploymed. -- unemployed. host: for you, mr. tanner, who is better at running these programs, the state governments or federal governments? guest: states have very different economic climates. what is going on the dakotas right now, they're not even eligible for this emergency unemployment extended benefits, versus new york
CSPAN
Dec 10, 2012 12:00pm EST
? >> look, i think for those of us in a government job, where you want to be like the classic economic book is you want to look for where we are under- investing as a country or where we have too little capital as a country calling to the private sector enterprises, where because of individual private actors do not feel they get the full benefit from those investments, but we as a country would be richer if there was more investment in those areas. one of the things we are trying to look at is -- the expression is where are the death, where are those places for innovative processes where they are not able to get the capitals to become one of the fast-growing companies? the hard part of the government level is you have to ask, is it a valley of death because it should be a valley of death? because it does not make sense for the private or public sector to be investing in companies like that? or is it a case where there really is a market failure, where it may not make sense for particular venture funds to invest in certain companies, but if we had a broader investment, some would prospe
CSPAN
Dec 9, 2012 10:30am EST
character in good government. the president must lead in a divided government and must not advocate his or her responsibility. president obama has the responsibility to propose a real bipartisan plan to avert the fiscal cliff that can pass both the house and the senate. withdrawing from the recommendations of the simpson- bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from higher taxes for every dollar of spending cuts, yet the president wants more revenue and fewer spending cuts
CSPAN
Dec 6, 2012 5:00pm EST
energy is a leading character in good government. the president must lead in a divided government and must not advocate his or her responsibility. president obama has the responsibility to propose a real bipartisan plan to avert the fiscal cliff that can pass both the house and the senate. withdrawing from the recommendations of the simpson- bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the yawning fiscal of this ivory for me -- it this goal -- fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from higher taxes for every d
CSPAN
Dec 5, 2012 6:00am EST
those states, the revenues have gone down, the income tax has gone up, and the size of government has gone up. from my standpoint, a value- added tax is just a way to grossly expand the size of the government, and it does not fix our revenue problems. more importantly than that, just the point where i think this argument ends up, the american people would annihilate any party that passed a national sales tax rate. if the democratic party thinks they are in charge now, and they are, and the republican party has done some things to marginalize itself, but if you want to resurrect a republican party, give me a value-added tax. >> let's take the value-added tax off the table for this the session, and i want to turn to donald marron and bring it back to the reality we are today and get your numbers perspective. speaker boehner offered up to the president $800 billion in revenue, all through closing loopholes dealing with deductions, no increase in rates. first of all, on the basic math, can you get to $800 billion over 10 years that way? how would you do it? and more importantly, as i work
CSPAN
Dec 8, 2012 5:00pm EST
would not prohibit the federal government's from funding high- speed rail projects. that is a good first start. as long as there is language and bills that prohibit us from funding, we are going nowhere. so if you'd be good enough to withdraw your language in the appropriation bill or tell mr. mccarthy to do that, that would be a good first start for us. we are not going to get $1 as long as there is a long voyage -- language in the appropriation bills that says no federal money can be spent on california high- speed rail. that does not help us. that does not help but get any more product -- money to the project. that is why i say we are looking for private investment. >> amendments are not meant to help you. they are meant to stop this product until we see a plan terry we have been talking about this for two years. but something i can bring back to my state, my district and say this is the plan. like the last time we talked about it, i suggested he said that with mr. dan richard and go over the plan and review it. i would be happy to have mr. iraq -- mr. richard sit down with you
CSPAN
Dec 10, 2012 12:35am EST
find out? it is irresponsible to govern the country this way. the sequester and across the board cut, it is bat policy. everybody knows it is bad policy. we are very close to doing it. i find the whole situation unsatisfying. host: our phone lines are open and you can also send us an e- mail. you work for a number of members of the democratic party. you work for the president. a question that comes up often is why there is a partisan divide. what has changed over the last 20 or 30 years? guest: we only have an hour so we cannot go through all of that. there are a lot of things. there are some extraordinary changes. politics as a con tact sport is a substantial change from when i worked on the hill. they did not agree on anything, but they enjoy each other's company. i have seen with my own eyes republicans and democrats refuse to get on the same elevator these days. as to how juvenile it has become. the parties are not as strong. there is a lot of independents relative to leadership. things are not the same. host: what have you seen over the past two decades? guest: i think the quali
CSPAN
Dec 4, 2012 1:00pm EST
to shrink government up so small they can drown it in a bathtub may always lead that way, but it's not in the best interest of the american people in my humble opinion. >> i am going to be measured in my response because you all have an obligation to ask questions. but i hope at some point you all who have heard us on this side and the other side of the aisle talking about this will do the math, quite honestly. i can tabulate very quickly for you $3 trillion worth of cuts that have now gone into law that democrats have been there on the tough -- on those tough negotiations. the chairman mentioned $1 trillion that was exacted as a result of the budget control act where the republicans were threatening for the first time have the nation default on its credit if we didn't do something. $1 trillion. that's already taking place, the $1 trillion in cuts. there's another $1.2 trillion that came from the same law, as we know, as the sequester, that also by law will start to take place. that's $2.2 trillion. we talked about the $716 billion that democrats passed without a single republican
CSPAN
Dec 7, 2012 6:00am EST
the government is willing to have the spending cuts we promise to do two years from now. we will be saying, we cannot afford to cut government spending because it will throw us into recession. >> that brings me to the next issue i would like to discuss. taxet to the president's increase package that he is looking for, he is calling for higher marginal tax rates. in addition, a reduction in the value of deductions and other expenditures. dividends. the way i count this up, if you include the limitations, the top marginal tax rates for some would be between 41 and 45%. that is just the federal level. we have states with varying income tax rates. some americans would be paying more than half of their income. it would exceed 50%. if the president got all the tax increases that he wants, is likely that could precipitate a recession? >> it is not only likely, it would certainly do so. it is cataclysmic. , the dividend tax increase. if we go from a 15% dividend tax, to 45%, that is ridiculously bad news for an equity markets. it is something we saw on the other side. there is a very large
CSPAN
Dec 9, 2012 2:00pm EST
government. it isur job to protect people. it is our job to help communities rebuild when there are natural disasters that local governments just can't afford to be able to pay for on their own. now, new york has been working very hard to come up with a plan about how to rebuild. but the transportation infrastructure has taken an unbelievable beating. in new york alone, 2,000 miles of roads were destroyed or damage 11 tunnels were flooded. and our -- our city and our state really relies on mass transit. we are the number one users of mass transit in the country. and with our mass transit system, miles of tracks and tunnels were flooded with corrosive saltwater. 12 subway ations were damaged or destroyed, 500,000 transit riders are still experiencing severe disruptions. you will have the mta chairman come in which is fantastic. he can give you the nuts and bolts of the loss, the repairs, a lot of service is up and running now, b long-term repairs must be done. the storm just filled up the subways. when we builthese subways 100 years ago, they could not have imagined this kind of floo
CSPAN
Dec 6, 2012 8:00pm EST
government. the president must lead in a divided government and must not advocate his or her -- not abdicate hor or her responsibility. president obama has the responsibility to propose a real bipartisan plan to avert the fiscal cliff that can pass both the house and the senate. withdrawing from the recommendations of the simpson- from thewing recommendations of the simpson- bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from higher taxes for every dollar of spending cuts,
CSPAN
Dec 6, 2012 10:00am EST
debt. sovereign entity states and governments, countries, will have debt to finance the things they cannot pay for out tried. i used to work an invisible bond department of a wall street firm. there were all kinds of bonds, which is debt of cities and countries and states. of course there is the federal debt. as i recall, some people with fiduciary responsibility are only allowed to select investments that have very high ratings. the highest raiders in the world, at one time -- rated in the world, at one time, was the united states of america. and widows and orphans funds will invest in government bonds. host: alma, thank you for your call. we will consider your suggestion. the senate banking, housing and urban affairs committee is about to hold a hearing on the oversight of the fha program. shaun donovan will be testifying. we will be going to that as soon as that hearing begins. i want to show you this article in "the new york times took ." president obama plans to ask congress for about $50 billion for emergency funds to help rebuild the state's the were ravaged by hurricane sand
CSPAN
Dec 5, 2012 10:00am EST
government. and secondly, we live in an increasingly dangerous world with increasing threats against our citizens and targets that are viewed as high profile. for those reasons, mr. speaker and others, i earnestly believe those who serve this country as president should never have to worry about their personal safety. under current law, protection for president obama and president george w. bush will cease after 10 years. both men are young, enjoy good health and have long lives ahead of them postpresidency. this bill proposes to extend that security for the remainder of their lives. there's an unintended anomaly, mr. speaker, that were current law not changed, barbara bush would have more safety than if they were president themselves. the person and the symbol of our presidency is safe and secure for the occuration of their natural lives. with that i would yield. the speaker pro tempore: the gentleman yields back. the gentleman from michigan. mr. conyers: mr. speaker, before i yield to the distinguished gentlelady from texas, i'd like to observe the great relationship that has been form
CSPAN
Dec 6, 2012 6:00am EST
govern. a lot of people are going to suffer -- a lot -- if we go off this cliff. that's why we assumed democrats would have preferred to avoid it. we thought this was the perfect opportunity to do som >> house democratic leaders spoke with reporters in the capital. this is 15 minutes. >> we are back. >> i know that you appreciate that we all have a day job and this is part of it. but we want to make sure that our ranking members that he leaves so effectively to make sure that we get all the members. let's start with you. >> allowing the middle class tax cuts, the debt limit on the table. >> consider that the republicans agree the new income tax will be a victory for the american people. it is becoming more if he does do that. passing the tax cut means the end of holding them hostage. >> i share the leaders view, this ought not to be a bad time. -- about tactics or strategy. it should be aboutthe economy and working americans, 98% pass the bill. they have the assurance that they will not be subjected to an increase in taxes january 1. this will give them confidence and it will a
CSPAN
Dec 1, 2012 8:00pm EST
independence and courage, his focus on maintaining good government, and fierce loyalty to his home state, new hampshire, is something we in congress strive to attain. we will miss him, but we will try to live by the standards he set. i remember back when he was chairing the iran-contra hearings in this room. even though we were from different parties, thinking how proud i was that he represented the state of new hampshire. i offer my condolences to the entire rudman family, to his wife, margaret, to children and grandchildren. looking at the celebrated speakers who are here today to remember warren rudman, it is clear just how significant his contributions were to the senate and to this country. i am pleased to introduce my colleague, the other senator from the state of new hampshire, kelly ayotte. [applause] >> i want to thank my colleague, senator shaheen, and i want to thank our distinguished guests who are here. as we gather to celebrate the achievements of a great man, warren rudman, a statesman who carried out the people's work with honesty, integrity, and decency. daniel webster o
CSPAN
Dec 9, 2012 9:35pm EST
three groups. the academy, the government, and the private sector. we will rely on veteran journalist alan murrey to introduce the panelists. he is a long-time friend who recently left his online post as deputy managing editor and executive edit of "the wall street journal" to become president of the research center next month. in his 30-year career at "the wall street journal" he served as numerous roles. during his years as chief he won three pulitzer prices as well as many awards. he is also the author of many abooks. "the welt of choices" how the new economy puts power in your hands and money in your pockets." lawmakers and lobbyists which he co-authored with jeffrey. he received an award. he has also received two overseas press club awards for his writings on asia. in addition to serving on the council, he is a member of the gridiron club, the council on foreign relations. he also happened to serve a long time ago at the board of visitors not too far away from virginia, the university of north carolina. please join me now in welcoming our moderator, alan murray. >> thank you, gov
CSPAN
Dec 4, 2012 10:00am EST
terrorism. if we don't contain and defeat this epidemic it will undermine democratic governments. it will continue to impede economic growth overseas and it will strengthen us right here in the united states. in other words, this isn't just an economic issue or a health care issue. it's a national security issue. unfortunately, mr. speaker, over the last decade acting in our national security interest has come to mean invading and occupying foreign nations. the iraq war lasted nine years and was responsible for untold human misery. the afghanistan war, now in its 12th year, and it continues to damage our national security interest, instead of enhancing them. it hasn't defeated the taliban, nor has it alleviating crushing poverty or produced a stable democracy in afghanistan. and then there's the cost. some $10 billion a month. that would be a staggering amount of money for a successful policy. for a failed policy, it's downright scandalous, and it is rarely mentioned in all the conversations about so-called deficit crisis and fiscal cliffs. usaid and other civilian arms of government
CSPAN
Dec 9, 2012 6:00pm EST
government but also can deliver on the pornts things that makes it different for job creation. we're the folks that run the education systems that allow us to have the work force, the 21st-century jobs. that is what we get from higher education to work force training, the real obstacle and the income growth right now is having the best education systems. where we are producing the workers of the 21st century. second, we keep the bridges open and hopefully functional and rebuilt. we represent environmental policies to keep our water clear and take on the environmental challenges that we're facing. it is where the rubber hits the road that we need to get the results. we have democratic governors who not only balance budgets understand that they have to be fiscally responsible but we combine that with a vision on education, on ensuring that we get it right when it comes to technology, making sure we have a trained work force for the jobs that aring with created, so we can be the job creators and we see incomes rise on our constituent. that is what voters judge you by. when we come out a
CSPAN
Dec 8, 2012 8:00pm EST
of our government, that there may be justice and peace at home and that we may be a plessing to all the nations of the world. in the time of pross terty, fill our parties with thankfulness and in the day of trouble let us not lose our trust in you. let this national tree be a reminder that in some inexplicable way you are standing with us at all times. all this we ask in your most holy name, amen. >> good evening. on behalf of the national park foundation and national park service it is a great privilege to present the national christmas tree lithing. just steps from here 90 years ago this grand tradition began as a small group of people gathered together to celebrate the holiday season in our nation. through the the years the tradition has continued, in times of peace and war and times of prosperity and hardship. steadfast for 90 years we have come here. tonight we gather again to honor this moment and this place. it's part of the great american story. our nation is woven together by moments and places such as these, each with a unique story to share, places that tell the world aro
CSPAN
Dec 8, 2012 11:00pm EST
trust the authority of our government. that we may be a blessing to all the nations of the world. in a time of prosperity, fill our thoughts with thankfulness, and let us not lose our trust in you. let this national tree be a reminder that in some inexplicable way you are standing next to us at all times. all this we ask in your most holy name, amen. >> good evening. i have asked the national park foundation and the national park service. it is a privilege to participate in the national christmas tree lighting. 90 years ago, the scrams tradition -- this grand tradition began. through the years, the tradition has continued in times of peace and times of war. times of prosperity and times of hardship. steadfast and true for 90 years, we have come here. tonight, we gather in the majesty of president's park to honor this place. in our nation is woven together with moments and places such as these. each with a unique and honorable story to share. places like that smelly, yosemite, yellowstone, places that the remind us of our leaders. in the places that honor our highest ideals and remind
CSPAN
Dec 10, 2012 12:00am EST
released the government's annual report on the british economy. prime minister david cameron took questions. he also answered questions on afghanistan, secure in the u.k. border. this is just over 30 minutes. >> number one, mr. speaker. >> thank you, mr. speaker. i'm sure the whole house will wish to join me in graduating the duke and duchess of cambridge on the wonderful knew they are expecting their first child. turning to my friend's question on afghanistan. the threat to global security from al qaeda has been significantly reduced and this is in large part of the brave work of u.k. and afghan armed forces. we remain committed to afghanistan for the long-term and we continue to support the development of afghan forces through continued funds and training. our contribution that aid to help the state to police its own lands. it is this part that al qaeda won't will able to re-establish itself in afghanistan. >> the taliban is being told when most of our troops are leaving and they need to be told when sanctions to expect if they help al qaeda to return. what would those sanctions
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